How it works | paydayloansalabama.us

Who we are and what we do

The main objective of this website is to help you find the right match, that is to find the most suitable lender who will be able to meet your financial needs and get the best loan deal. There is no need to wait in long lines and to fill out loads of papers in order to get approved, like with many conventional loans. That is why more and more clients who can not boast of perfect credit opt for tension-free payday loans.

Payday loans are thought to be short-term ones. They are not designed to work as a solution to your long-term expenses. Sometimes, if clients keep asking for extensions and readjusting repayment dates, such loans may become a trap. We strongly advise you to be a responsible borrower. paydayloansalabama.us.com does not operate as a loan lender, it does not loan money or readjust your repayment terms. As all lenders have their own requirements on potential borrowers, the process of approval depends on the information you submit. Visit our FAQ to make sure you can meet all the requirements.

Upon submitting your application, paydayloansalabama.us has to share your data with one or more participating lenders. The approval process is fast and does not take you more than 5 minutes. The following things are taken into account: the amount of your current income, your credit history, the amount of outstanding debt and the place of your residence. If your application form meets all the criteria, the direct lender contacts you and offers the loan terms. In case you agree with the terms and conditions, the desired amount of funds is transferred within one business day. Transfer time, however, depends on what bank you borrow from (it varies from bank to bank) and the time you were approved. In order to avoid delays in obtaining your loan we strongly recommend taking the following steps:

Apply Monday-Friday at normal banking hours as banks are closed on weekends.

Make sure you do not apply on bank holidays as it may prolong cash transfer times.

Make sure you have answered all the questions in the application form.

Your loan agreement has to include repayment scheme, APRs, the amount of fees and renewals. Different lending institutions have different lending policies and not all of them can offer an extension. If you have additional questions, visit our Rates and Fees page for more information. It is necessary to understand all the terms and conditions of your loan agreement and be sure you are able to repay your loan on the due date. In case you do not agree with the loan terms you are offered, you are not obliged to sign it, just refuse and reapply. Then our website will match you with another lender. Consider the implications for late payment or non-payment:

Late payments may result in new financial charges.

Non-payments lead to additional fees, collection or even legal action, which will negatively impact your credit rating.

Some states prohibit loan extension and renewal. In other states amount of fees can be quite high.

Call Us @ 855.780.4959

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Questions

All requests are processed within 24 hours, so if you need instant solution, you may call us on the phones given below.

There is no guarantee that you will get approval. However, we will do our best to match you with the right lender. Our mission is to facilitate the solution to the problem of availing finances by people with bad credit.... Read More

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Credit Implications.
This service is not entitled to make any credit decisions. Upon submitting your information you give your consent to verify your information and have your information checked by participating lenders. They carry out credit checks with various credit bureaus in order to assess the customer's creditworthiness and credit capacity.
Loans are offered by participating lenders; they are intended for providing cash which has to be paid back within a short period of time. Such types of loans are not meant to be a solution to long-term financial difficulties. You are strongly recommended to act wisely and borrow the amount you are able to repay on your next payday. It advised to weigh all pro and contra and to consider all the risks and possible alternative ways. Remember that late payments lead to extra fees or collection activities. As different loan lenders have different terms and conditions, make sure you thoroughly examine their lending and renewal policies.

Material Disclosure.
This site does not operate as a loan lender or broker nor does it operate as an agent for any lender or broker. Our main function is to provide advertising referral service to qualified lenders that offer cash advance loans for amounts ranging from $100 to $1,000, personal loans to the amount of up to $15,000 and installment loans of up to $5,000.
Such amounts are not provided by all the lenders and a customer is not guaranteed to get approval by an independent participant lender. Our service does not offer or solicit for financial products forbidden by any state laws. There is no endorsement or charge for any product or service we advertise and any payment obtained is paid by participant lenders for advertising referral services we provide.
In case it is prohibited, this service is void. Our site does not bear any responsibility for the performance of any lender. There is no access to customers' loan terms or the amount of APR. All the questions regarding a loan should be addressed to your lender who is to provide all the required information on the terms, rates and charges of your loan as well as payments, renewal, non-payment or skipped payment issues.
The information submitted by a customer on this page is shared with participant lenders. A customer is not obliged to use our service in order to contact with a lender or to apply for any financial product that is advertised.
Different participating lenders offer different cash transfer and repayment times which are regulated by local and state laws. All the participating lendrs who we cooperate with are state-licensed and their practises always comply with the regulations of Truth in Lending Act. Some faxing might be required. Customers are recommended to review our FAQ page to get additional information on credit and late payment issues. These disclosures are for information purposes only and should not be regarded as legal advice (see Terms of Use and Privacy Policy).